Is the Market Really this Bad ?

[drewcwsj]

Looks like Alex and Taru sold their boat finally. Congrats!!!

[boatman61]

Nice one... hope it was close enough to what they wanted...

[jwalk]

Brain Damage, I have an Irwin 43 for sale in Florida.Nice confortable cruiser.Johnny at 479-530-3470

[dano098]

I'm a buyer too. I'm planning on having what ever i buy forever

[avb3]

Originally Posted by drewcwsj

Looks like Alex and Taru sold their boat finally. Congrats!!!

I saw that on their blog.

Still amazed that with the publicity they are able to create, the brand (HR) they were selling, and the competitive pricing they had on that boat, that it took them that long. Never mind how it was equipped and all the very recent improvements.

Yet one sees boats stay on YW for months and stretching into years with very little price adjustments.

Things that make you go "huh?".

[gamnc]

It is a buyer’s market for boats and homes. I have been looking at Boats for about two month now, and see the prices I would pay now are what I would have expected in 1980. Homes are the same I have watched several homes in our area with tax values in the 2,000,000 range sell for 700K. People are holding on their extra money just in case the glimmer of improvement we see is nipped in the bud by our do nothing Congress. This recession has put a real knot in my stomach, but I have decided it is time to make a move on a new boat before I get priced out of the boats I like.

[VirtualVagabond]

dano098 and gamnc, welcom to the forum guys.

[VirtualVagabond]

We started internet boat hunting 2 years ago. We definitely are looking at boats now that were distant dreams back then.
Some of the original boats are still on the market at prices that are obviously unrealistic. Others have gone and I'd love to know what they actually sold for.

Our actual boat hunt starts next week... in Europe... where the ice age has returned!

[Rhapsody-NS27]

Originally Posted by VirtualVagabond

in Europe... where the ice age has returned!

Tell me about it!

most of winter was nice in the mid 40s F. Since last week, we've been in the 20s F. This morning or yesterday morning it was 6F. I'm about 10min away from Frankfurt Germany.

I need a boat and move somewhere tropical
I hate the cold.

[deckofficer]

Originally Posted by VirtualVagabond

We started internet boat hunting 2 years ago. We definitely are looking at boats now that were distant dreams back then.
Some of the original boats are still on the market at prices that are obviously unrealistic. Others have gone and I'd love to know what they actually sold for.

Our actual boat hunt starts next week... in Europe... where the ice age has returned!

I read in another thread about your boat search starts next week in the other, cold, hemisphere. What would be handy for us not as close as one week away from starting the boat search, is could you keep us on the forum posted as to what your looking at? Maybe pictures, asking prices, condition? I know this is asking a lot, but you would have a very appreciated audience.

[savoir]

Originally Posted by VirtualVagabond

We started internet boat hunting 2 years ago. We definitely are looking at boats now that were distant dreams back then.
Some of the original boats are still on the market at prices that are obviously unrealistic. Others have gone and I'd love to know what they actually sold for.

Our actual boat hunt starts next week... in Europe... where the ice age has returned!

Keep a look out for boats marked " tax unpaid ". You get an instant 20% head start on all Euro buyers. Some will be ex charter but others will be what I call " tax lurk " boats. Those tend to be of excellent quality and only chartered a few weeks a year.

[Lagoon4us]

Originally Posted by savoir

Keep a look out for boats marked " tax unpaid ". You get an instant 20% head start on all Euro buyers. Some will be ex charter but others will be what I call " tax lurk " boats. Those tend to be of excellent quality and only chartered a few weeks a year.

I'm doing the same thing and you are very right about tax "unpaid status" i've found most are owned by a company either the owners business or one set up just to own the boat. We are now buying in Spain and will be able to stay for eighteen months, not have to pay VAT on the purchase because Australia is not in the EU.
The 20% discount is very real even comparing against the "cheap" boats in the USA.
Cheers

[savoir]

They are scattered all over Europe but tend to gather in VAT havens like Croatia and Turkey. When I was shopping they filled my short list. The two giveaways are the "tax unpaid" label and a quality brand.

You will generally find a boat owned by a rich old guy who chartered the barest amount necessary to get his tax break.

Maybe you'll get lucky and buy one.

[dano098]

Originally Posted by VirtualVagabond

dano098 and gamnc, welcom to the forum guys.

Thank you!

[deckofficer]

Originally Posted by savoir

They are scattered all over Europe but tend to gather in VAT havens like Croatia and Turkey. When I was shopping they filled my short list. The two giveaways are the "tax unpaid" label and a quality brand.

You will generally find a boat owned by a rich old guy who chartered the barest amount necessary to get his tax break.

Maybe you'll get lucky and buy one.

I always wondered in my Internet searching why so many great boats at lower than market prices were in Croatia and Turkey.